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SYNTHESIS
Sandra Marco Colino, the moderator of the session, pointed to the major recent developments in Mainland China and Hong Kong competition law. She highlighted that these young jurisdictions (the AML has been in force since 2008, while the Hong Kong Competition Ordinance came into full effect in 2015) are having to deal with emerging global and local challenges. Prof. Marco Colino was keen to hear the panellists’ perspectives on the most significant developments of the last 12 months, with particular emphasis on the application of competition law to the digital economy (whether dealing with it requires new tools and/or theories of harm, the impact on the consumer welfare standard, and the interaction of competition law with other goals…), the development of advocacy and compliance programs, and the future of competition law in these jurisdictions.